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Indian delegation to take part in 6th Eastern Economic Forum Eastern Economic Forum
Glimpse of Moscow meeting/ Image credit: EEF

Indian delegation to take part in 6th Eastern Economic Forum

India Blooms News Service | @indiablooms | 11 Aug 2021, 11:44 pm

Moscow/IBNS: Ambassador of India to the Russian Federation D. B. Venkatesh Varma participated in a meeting at Moscow with Russian President and Executive Secretary of the Eastern Economic Forum Organizing Committee Anton Kobyakov during which they discussed possible formats for India’s participation in the EEF 2021 and SPIEF 2022.

“The traditionally friendly Russian-Indian ties have steadily strengthened over the last few decades. In recent years, they have attained the level of a particularly privileged strategic partnership that represents a unique format of interstate interaction,"  Kobyakov said.

"We consider it very important to expand cooperation in the Eurasian Economic Community space and also continue the dialogue on the North-South international transport corridor project whose implementation will significantly expand our trade opportunities,” he said.

He also pointed out that the 6th Eastern Economic Forum will be the second major international event held after SPIEF in 2021 and that it will be held in a hybrid format.

Kobyakov said this will not affect the productivity of the event since it is expected to be attended by prominent guests and feature fruitful discussions given the importance of the themes in the business programme.

In addition, he said ensuring sanitary and epidemiological safety during the Forum is a top priority.

“The Indian delegation is ready to contribute to the business programme of the Eastern Economic Forum. We are interested in organizing a Russia–India–Japan trilateral meeting as well as meetings at the level of the federal ministers of Russia and India. We also look forward to expanding Russian-Indian business contacts at the regional level," D. B. Venkatesh Varma said.

"For example, business representatives of the state of Gujarat WEF were invited to the Republic of Sakha (Yakutia) as part of the EEF to secure agreements in the diamond industry and pharmaceuticals that were reached at the Forum in 2019. Given the closed borders, participation in the EEF opens a window of opportunity for the realization of joint business interests,” he said.

During the meeting, the two officials discussed the members of the Indian delegation in the EEF 2021.

They noted that Indian Minister of Foreign Affairs Sushma Swaraj took part in the Forum in 2017. India’s official delegation was led by Indian Minister of Industry and Trade Suresh Prabhu in 2018.

In 2019, Indian Prime Minister Narendra Modi was the main guest of the Forum.

In addition, they discussed the Russia–India business dialogue that is part of the Forum’s business programme. The event is scheduled to be held in person, but a hybrid format may also be used with the help of an organized studio in New Delhi.

The officials discussed prolonging a cooperation agreement at the EEF 2021 with one of Russia’s key partners in India – the Invest India National Investment Promotion and Facilitation Agency.